Baltimore MD
$33.6 million
New Markets Tax Credit, Brownfield Tax Credits, City and State
Opportunity Zone Equity and Debt Financing
Retail
80,000 SF
MCB Real Estate LLC
2018
Yard 56 I is a commercial component of a large-scale community masterplan including medical, hospitality and up to 370 units of workforce housing. The minority firm lead project is a catalytic remediation of an Opportunity Zone, brownfield site which will provide significant services to historically under-retailed and served community. Tenants include Streets Market, LA Fitness, Chipotle, and local retailers.
Over 125 jobs and 100 construction jobs. Fresh food provider.